Most officials agree that it remains important for the town to rely on the independent auditors that the previous administration hired.
"In our conversations [with the auditors], it was clear we need to reduce the deficit and start building a surplus from a restricted fund for closure of the landfill," said Mahan.
She also said that in light of the recent state audit information, she does not know whether legal action needs to be taken.
"I am going directly by the reports," she said, adding that deficit reports came from auditors from her administration and the previous one.
Both Hogan and Mahan said they remain optimistic about relieving the financial burden that the deficit has caused for the town.
"I think everybody is trying to work as hard as they can. I would like to see us have as little impact on the community as possible," said Hogan of possible deficit-reduction measures.
Mahan said that the town will work closely with residents to find a solution.
"There will be many components to the long-term plan. Obviously it involves addressing the significant cumulative deficit and ongoing cash flow issues. We have put a freeze on all non-essential items," she said.
Mahan notes that little efforts such as monitoring travel expenses, selling methane gas from the landfill, and consolidating inter-municipal agreements could also have an impact.
Ultimately, she said she wishes to keep the town a desirable and attractive place for businesses and residents.
"We really want to be able to have the residents be part of the process," she said.
Colonie Democrats took the majority on the Town Board following the November elections, with Nancy Hernandez, William Carl, Robert Becker and Supervisor Mahan being elected into office amid voter concern over the deficit and money management of the past administration.""